Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

The greater the sulfur content of coal, the less desirable it is as a heating fuel. Given that the variability among assays for sulfur in coal from a certain mine is s = 6 lb/ton and that they follow a normal distribution, answer the following:

a. Mines that assay 80 lb of sulfur per ton are considered worthless for heating fuel. How likely is it that a mine with mean sulfur content of m = 62 lb/ton will be placed in the worthless category on the basis of one random 1-ton sample?

b. Some cities will not permit the sale of coal within the city limits if its assay for sulfur is as great as 34 lb/ton. How likely is it that coal with m = 40 lb/ton will be allowed to be sold within the city limits on the basis of one random 1-ton sample.

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M92777975
  • Price:- $10

Priced at Now at $10, Verified Solution

Have any Question?


Related Questions in Statistics and Probability

A company recently had 26 million shares outstanding

A company recently had 26 million shares outstanding trading at $45/share. The company announces its intention to raise $290M by selling new shares. What price shoukd the company expect its existing shares shares to sell ...

An equally weighted portfolio consists of 41 assets which

An equally weighted portfolio consists of 41 assets which all have a standard deviation of 0.137. The average covariance between the assets is 0.118. What is the standard deviation of this portfolio expressed as a percen ...

A researcher records the following body mass index bmi

A researcher records the following body mass index (BMI) scores for a group of participants: 29.1 1.3 (M SD). Participants who score between 26 and 30 on this scale are categorized as overweight. What proportion of parti ...

The mean time it takes a technician to resolve a software

The mean time it takes a technician to resolve a software Issue is 18 minutes with a standard deviation or 4.2 minutes. This information was obtained from a random sample of 10 monitored calls. A sample of 15 monitor cal ...

Consider the binomial distribution where n 11 and p 005

Consider the binomial distribution where n = 11 and p = 0.05. Find the mean and standard deviation of this binomial distribution. The customers at a local appliance store are polled as they leave the store. Each is asked ...

How much of the opposing side should you share in a

How much of the opposing side should you share in a presentation to a multiple-perspective audience, and what techniques would you use?

According to a study in a previous year 570 of households

According to a study in a previous year, 57.0% of households nationwide used natural gas for heating during a year. Recently, a survey of 2,700 randomly selected households showed that 58.0% used natural gas. Use a 0.05 ...

Suppose it is known that the response time of healthy

Suppose it is known that the response time of healthy subjects to a particular stimulus is a normally distributed random variable with a mean of 15 seconds and a variance of 16. What is the probability that a random samp ...

Suppose that college science textbooks on average cost 225

Suppose that college science textbooks on average cost 225 dollars with a standard deviation of 45 dollars. Suppose that a random sample of 40 college science textbooks was taken. Find the probability that the sample mea ...

Amy currently has 500 in an account with an annual rate of

Amy currently has $500 in an account with an annual rate of return of 4.3%. She wants to have $3000 for a trip to Florida when she graduates in 2 years. How much will she have to save each month to afford her trip?

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As